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17 Sep 2021 19:47
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  •   Home > News > Rural

    Changes to how Fonterra calculates the price of milk

    Changes to how Fonterra calculates the price of milk


    Fonterra
    Fonterra
    The Commerce Commission has updated the framework for the annual base milk price, to conduct two separate reviews each dairy season, instead of one.

    The regime ensures Fonterra pays enough for farmers' milk - but not so high it discourages new processors entering the market.

    © 2021 Newstalk ZB, NZCity

     Other Rural News
     12 Sep: Farmers are excited at the prospect of converting to growing oats, but it will come down to what the yield per tonne price is
     08 Sep: Some good news for dairy farmers
     28 Jun: Fonterra has agreed to sell its two joint venture farms in China
     25 Jun: The group representing the country's dairy farmers is reassured to see additional funding delivered for flood-affected farmers in Canterbury
     16 Jun: Dairy prices have dropped 1.3 percent, at Fonterra's latest Global Dairy Trade auction overnight
     26 May: Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents
     06 May: Dairy farmers have six months to decide on a capital restructure for Fonterra
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